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03-07-2014, 09:57 PM
Prospectus - http://www.sgx.com/wps/wcm/connect/28756...36fed6ef3d
The current NAV is about 15cts, offering IPO price at 31cts. is it a concern trading 2x, overvaluation?
general bulider (class 2), CW01 general building (grade C1), bizSAFE, ISO9001:2008, OHSAS18001:2007, Speialisr Builder (structural steel work) are some of its licenses, awards and permits.
Most of the funds will be used for 1) acqusitions of leasehold buildings / properties 2) general working capital. Guess I am right about MMRC! Saw the picture in page 99. SSAB Swedish Steel sells 54.8% of their total purchases. They are going big in Middle East.
The current NAV is about 15cts, offering IPO price at 31cts. is it a concern trading 2x, overvaluation?
general bulider (class 2), CW01 general building (grade C1), bizSAFE, ISO9001:2008, OHSAS18001:2007, Speialisr Builder (structural steel work) are some of its licenses, awards and permits.
Most of the funds will be used for 1) acqusitions of leasehold buildings / properties 2) general working capital. Guess I am right about MMRC! Saw the picture in page 99. SSAB Swedish Steel sells 54.8% of their total purchases. They are going big in Middle East.